FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
QLVD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Jul 16, 2019
- CIK
- 0001491978
- Website
- flexshares.com
- Similar Companies
- Business
- FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility Index. The Underlying Index measures the performance of a selection of large- and mid-cap companies from developed markets outside the United States that exhibit financial strength, stability, and lower overall absolute volatility relative to the broader Northern Trust Global Index ex-US; it emphasizes quality characteristics such as profitability, management efficiency, and cash flow while applying regional, sector, and risk-factor constraints to manage unintended exposures and turnover. The fund provides investors with exposure to high-quality, low-volatility equities in sectors including financials, consumer staples, health care, and industrials, with top holdings such as Muenchener Rueckversicherungs AG, DBS Group Holdings Ltd., and Royal Bank of Canada, and significant geographic allocations to Japan (approximately 20.6%), Europe, and Canada. Launched on July 15, 2019, by Northern Trust's FlexShares exchange-traded funds platform as part of its Quality Low Volatility suite alongside the US-focused QLV and emerging markets QLVE funds, QLVD operates with an expense ratio of 0.32%, quarterly distributions, and assets under management around $58 million as of recent data. FlexShares ETFs, headquartered in Chicago, Illinois, as part of Northern Trust Corporation (founded 1889), focus on differentiated passive and active strategies across equity, fixed income, and multi-asset segments for institutional and individual investors globally. The fund targets investors seeking capital appreciation with enhanced risk-return characteristics and reduced volatility compared to broad developed ex-US equity markets, primarily through market-cap weighted holdings of approximately 175 securities from countries including Japan, the United Kingdom, Canada, Switzerland, and Australia. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to QLVD have occurred in the last 1-2 years; the fund continues its stable passive tracking strategy without noted reorganizations, new product launches, or liquidations.